Guidance Capital Inc. Invests $872,000 in Huntington Ingalls Industries, Inc. (NYSE:HII)

Guidance Capital Inc. bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,301 shares of the aerospace company’s stock, valued at approximately $872,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. purchased a new stake in shares of Huntington Ingalls Industries during the 3rd quarter valued at $29,000. Northwest Investment Counselors LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at $40,000. Truvestments Capital LLC purchased a new stake in Huntington Ingalls Industries during the third quarter valued at about $42,000. Bruce G. Allen Investments LLC increased its stake in Huntington Ingalls Industries by 43.4% during the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company’s stock worth $53,000 after acquiring an additional 85 shares during the last quarter. Finally, True Wealth Design LLC purchased a new position in shares of Huntington Ingalls Industries in the 3rd quarter worth about $60,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insiders Place Their Bets

In related news, VP D R. Wyatt sold 400 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the sale, the vice president now directly owns 19,627 shares of the company’s stock, valued at $4,028,245.48. The trade was a 2.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.72% of the stock is owned by company insiders.

Huntington Ingalls Industries Price Performance

Shares of NYSE HII opened at $195.77 on Wednesday. The business has a 50 day moving average price of $194.31 and a two-hundred day moving average price of $231.00. Huntington Ingalls Industries, Inc. has a fifty-two week low of $184.29 and a fifty-two week high of $299.50. The firm has a market cap of $7.66 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 1.77 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 0.41.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 2.76%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 30.49%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. StockNews.com downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Barclays cut their target price on shares of Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. TD Cowen downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price target for the company. in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft reduced their price objective on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Finally, Vertical Research lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 target price for the company. in a research note on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $228.89.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.